Question: 1. Sharon has the following utility function: U(X, T ) - ax + dV. where X is her consumption of candy bars, with price Py=$1,


1. Sharon has the following utility function: U(X, T ) - ax + dV. where X is her consumption of candy bars, with price Py=$1, and Y is her consumption of espressos, with P=$3. (a) Derive Sharon's demand function for candy bars and espressos when her budget is given by I. a X" (Hint : Use a differentiation rule: / ax = nx "-1 (b) Assume that her income I=$100. How many candy bars and espressos will Sharon consume
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